The rich get richer: How governments could act to close the wealth gap
13 December 2021 | 3:22 pm
The Covid-19 crisis has exacerbated inequalities between the very wealthy and the rest of the population, according to the latest report from the World Inequality Lab. So what can be done to prevent a massive rise in poverty? Stephen Carroll speaks to Lucas Chancel, the lead author of the report. Also in the programme: Kate Moody looks at the right to disconnect and what it really means in practice for workers. Plus we bring you a report about a French entrepreneur who's making tracks with old bike tyres.
13 Dec 2020
Cardinal Reinhard Marx, the archbishop of Munich, has announced plans to set up a foundation for victims of child abuse. The German cleric will contribute half a million euros of his own money in funds.
5 Jan 2021
Worries about wealth conservation and border closures in times of political unrest have set the trend for high-net-worth Nigerians to attain a second passport. With a second passport at hand, Nigerians can dramatically increase their personal and economic freedom. Industry trends show that having dual citizenship – or even multiple citizenships – is an essential step to internationalising life.
24 Jan 2021
Tedros Adhanom Ghebreyesus warned that the rich countries' behavior would only prolong the coronavirus pandemic, adding that the restrictions needed to contain COVID-19 would increase human and economic suffering.
27 Jan 2021
South African President Cyril Ramaphosa calls on wealthy countries to release their excess doses of coronavirus vaccines for countries that need them.
5 Feb 2021
An IP waiver by the WTO would have made it easier for developing countries to produce COVID-19 vaccines and drugs. Wealthy countries opposed the move, arguing that a suspension of patents would stifle innovation.
19 Feb 2021
NLC urges African governments to invest in research
3 Mar 2021
Here is why you should pick up a copy of The Guardian on Thursday. Here are some of the stories to look out for when you grab a copy of The Guardian on the newsstands on Thursday.
26 Mar 2021
Despite a severe shortage of foreign exchange (forex), overseas education continues to drain the country’s resources, as Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, admitted $80 million weekly disbursements for personal travel allowances or payment of overseas school fees. The amount, which translates to $960 million yearly, is disbursed to banks to enable Nigerians to meet their forex responsibilities. This is after a recent report indicated that Nigerians spend £30 million (about N20 billion) yearly paying tuition in the United Kingdom alone while the country’s education system grapples with challenges of underfunding, poor remuneration, and obsolete teaching facilities.
1 Apr 2021
From a converted storeroom on the roof of his mother's Seoul apartment, Kim Min-kyo plays video games for up to 15 hours a day -- and makes a fortune from the thousands of fans watching him. Livestreamers, known as "Broadcast Jockeys" or BJs in South Korea, are hard-wired to the digital infrastructure of youth culture. They entertain for hours with an interactive mishmash of chat, gaming, dance, music, eating, getting drunk or even just sleeping. Top livestreamers enjoy subculture celebrity among teens and 20-somethings, who consider them more relatable than traditional media stars.
1 Apr 2021
Has jihad incorporated really opened a branch in southern Africa? The Islamic State group may have claimed responsibility for the overrunning of a coastal town in northern Mozambique, but local grievances, poverty too long ignored and militants preying on a soft target seem to blame for the gruesome events that have come to a head in Cabo Delgado province. We ask about last week's attack and past efforts to repel insurgents by Mozambique special forces but also South African and Russian mercenaries.
5 May 2021
As a married couple for 27 years, Bill and Melinda Gates promised to give away the vast majority of their fortune through their Bill & Melinda Gates Foundation. Now that they’re divorcing, US$146 billion could head in two different directions.
1 day ago
Africa's biggest football tournament is on in Cameroon and Rwanda's Salima Rhadia Mukansanga is the first woman to referee a match at the AFCON tournament. Salima took charge of the Zimbabwe vs Guinea game on January 21 and managed the men with grace and firmness.
1 day ago
The US saw 7% year-over-year price increases in December, the largest hike in nearly four decades. This comes as omicron threatens to snarl supply chains once again.
1 day ago
Bilingual schools across France are struggling to find people who can teach in German as English becomes more popular. A group of parents have set up a recruiting agency to help the government.
1 day ago
Dozens of Chinese jets entered Taiwan's air defense zone, the island's officials said. Taiwan responded by scrambling its own fighter jets and activating missile defense systems.
1 day ago
Hosts Cameroon overcame a resilient, goalkeeperless Comoros team 2-1 to progress to the quarter-finals of the Africa Cup of Nations on home soil. But the result was overshadowed by events which took place outside the stadium in Yaoundé, where a stampede tragically claimed at least eight lives. Earlier in the day, Gambia's dream run continued as they edged out Guinea, winning their first ever knockout game in their maiden tournament. The Scorpions will go head-to-head against Cameroon at the Douala stadium on Saturday for a place in the semi-final. Jean-Emile Jammine is joined by Sports Editor Simon Harding and James Vasina.
1 day ago
Aid agencies fear the Pacific island nation of Tonga may run out of drinking water because sources were contaminated after the recent volcanic eruption. New Zealand and Australia are shipping supplies to the area but they will not arrive until Friday.